So then I guess you would like to see interest rates risen? Can I ask why?

Interest rates have been too low for too long and that's led to the creation of dangerous credit bubbles that people need to be weaned off of. The current interest rate climate is seriously hurting economic stability and sustainable economic development in favor of unproductive get-rich-quick schemes and rent-seeking.

So then I guess you would like to see interest rates risen? Can I ask why?

Me thinking Trump is an idiot has nothing to do with my opinion on rates. I don't really care if they go up or down I just sold a place so am sitting on a lot of cash in a promo 3% HISA so either way I will benefit. If anything it would just change what i do in 2 years from now when my mortgage is up for renewal.

I am perplexed at the attitude of many to just default to positions that oppose what Trump wants, even when it is against their best interests.
Very bot like if you ask me.
The ironic thing is, many of those against the idea of lowering interest rates in this thread are likely in sky high debt. For those who are not sky high in debt are oppose to lowering interest rates, you guys should be praying for a depression triggering event to enable fire sale purchases of real estate and equities.

I am perplexed at the attitude of many to just default to positions that oppose what Trump wants, even when it is against their best interests.
Very bot like if you ask me.
The ironic thing is, many of those against the idea of lowering interest rates in this thread are likely in sky high debt. For those who are not sky high in debt are oppose to lowering interest rates, you guys should be praying for a depression triggering event to enable fire sale purchases of real estate and equities.

How do you know what's in our best interests? And why do you assume anyone supporting the common sense move agreed upon by professional economists is in 'sky high debt' or 'praying for a depression'?

Did you overextend your borrowing and feel the need to comfort yourself by insulting people on the internet in the hopes that one of them makes decisions at the federal reserve?

I am perplexed at the attitude of many to just default to positions that oppose what Trump wants, even when it is against their best interests.
Very bot like if you ask me.
The ironic thing is, many of those against the idea of lowering interest rates in this thread are likely in sky high debt. For those who are not sky high in debt are oppose to lowering interest rates, you guys should be praying for a depression triggering event to enable fire sale purchases of real estate and equities.

You are making assumptions that are completely invalid. Just because someone thinks Trump is an idiot and his opinion is irrelevant doesn't say anything about whether or not they oppose hikes. Just that his comment is not worth considering.

I am perplexed at the attitude of many to just default to positions that oppose what Trump wants, even when it is against their best interests.
Very bot like if you ask me.
The ironic thing is, many of those against the idea of lowering interest rates in this thread are likely in sky high debt. For those who are not sky high in debt are oppose to lowering interest rates, you guys should be praying for a depression triggering event to enable fire sale purchases of real estate and equities.

you dont have to be in 1 category or the other.

you have to realize that if interest rates are near 0% when things are running "great", when sht hits the fan the banks need to lower the rates...and in that case they'll go negative. Wanna see banks offer -3% interest rates next recession? That'll be real attractive.

It'll create a rush to cash crysis for people to stop banks from stealing their deposited money, and in some cases even destroy fiat currency as we know it.

The only reason people use fiat is because they trust in its relative stable value, tethered to whatever country it belongs to. Once that blows up in smoke, we'll be back to gold standard. How much gold do you have stashed in your house for rainy days? How much do most people? lol